Coca-Cola partner to use Ethereum to increase efficiency in supply chain

The partner of Coca-Cola’s largest U.S.-based bottling company announced that it is expanding its use of blockchain to enhance efficiency across the beverage company’s supply chain. Coke One North America, or CONA, a partner of the largest United States-based Coca-Cola bottling company, will use The Baseline Protocol to enhance transparency and reduce friction in “cross-organization supply chain transactions”.

The project will see CONA partner with distributed ledger technology firms as well as Baseline Protocol founding members Unibright and Provide to establish a “Coca-Cola Bottling Harbor,” allowing streamlined transactions among both internal bottler-suppliers and external suppliers of raw materials.

In addition to facilitating untamperable data recording and “complex inter-organization business process automation,” the announcement notes that the Baseline Protocol can be deployed for asset token and decentralized finance use-cases and that data will be “baselined” to the Ethereum (ETH) mainnet to create “an integrated network” for CONA.

Baselining uses the mainnet as “middleware” to verify the authenticity of data.

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Cult Today

CULT is a collective for NFT lovers. We are passionate NFT hoarders, we love minting our own collections and we are always on the lookout for collaborations. Most of our work can be found on StakeCube Marketplace

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